ECB's Weidmann: Potential relief through interest rate tiering would be negligible

More comments flowing in from the European Central Bank (ECB) Vice-President and Germany’s Bundesbank Chief Council member Jens Weidmann, this time on the ECB monetary policy outlook.

Potential relief through interest rate tiering would certainly be felt.

But ultimately, the effects would be negligible.

It would probably be less significant than the additional burden from the shift in normalization expectations to which this debate has led to.